Simple Guide to Term Life Insurance
The sad truth in life is that we all die. Fortunately, there are a few things you can do to ensure that your death is not as tragic. One of these things is purchasing life insurance coverage. Yes, getting the right life insurance policy may prove to be a tedious affair but trust me, this is not something you want to postpone. Follow along as we explore the most common type of life insurance and perhaps the most suitable for you: Term Life Insurance.
What is term life insurance?
It is an insurance policy that offers coverage for a certain amount of time. Depending on the company, the time could be anywhere between 5-30 years. In case of death before the expiry of the term period, beneficiaries will receive money.